SOURCE : NEW18 NEWS
Last Updated:May 01, 2025, 07:23 IST
Stock market holiday: The Dalal Street investors must note that there is a stock market holiday today on account of Maharashtra Day
Stock Market Holiday Today
Stock Market Holiday on May 1, 2025: The Indian stock market will remain closed today, in observance of Maharashtra Day, which marks the formation of the state of Maharashtra in 1960. As a result, no trading activity will take place across all segments, including equities, derivatives, and SLB on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
Since both exchanges are headquartered in Mumbai, they will observe the public holiday. Additionally, the Multi Commodity Exchange (MCX) will be shut for the morning session (9:00 AM to 5:00 PM), but the evening session (5:00 PM to 11:55 PM) will remain operational.
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Stock Market Holidays in 2025
There are a total of 14 scheduled stock market holidays in 2025. With May 1 accounted for, seven more non-trading days remain for the rest of the year:
- May 1 – Maharashtra Day
- August 15 – Independence Day
- August 27 – Ganesh Chaturthi
- October 2 – Gandhi Jayanti
- October 21 – Diwali Laxmi Pujan (Muhurat trading likely in evening)
- October 22 – Diwali Balipratipada
- November 5 – Gurpurab (Prakash Utsav of Guru Nanak Dev Ji)
- December 25 – Christmas
Bank Holiday on May 1
Banks will also remain closed in several cities on May 1, including Mumbai, Bengaluru, Chennai, Hyderabad, Kolkata, Kochi, Guwahati, Imphal, Nagpur, Panaji, Patna, and Thiruvananthapuram, as per the Reserve Bank of India (RBI) holiday list.
Stock Market Performance On Wednesday, April 30
Stock-specific trading activity dominated the proceedings on the BSE and NSE for the second straight trading session as the benchmark indices consolidated in a thin range.
The BSE Sensex opened 80-odd points higher at 80,371, and then consolidated for a major part of the trading day. In the last 30 minutes of trade, the BSE benchmark spurted to a high of 80,526 (up 237-odd points), but soon pared gains and nose-dived to a low of 79,879 – down 647 points from the day’s high. The Sensex eventually closed at 80,0242 – down 46 points. In the process, Sensex signed-off the April month with a solid gain of 2,827 points or 3.6 per cent.
The NSE Nifty 50 index swung in a near 200-point range; the index hit a high of 24,396, and then dropped to a low of 24,199. The Nifty finally settled with a notional loss of two points at 24,334. The Nifty gained 3.5 per cent or 815 points in the month of April.
Bajaj twins – Bajaj Finance and Bajaj Finserv were the major losers on the Sensex 30 – both the stocks tanked over 5 per cent a day after reporting Q4 results. As per analysts, the future growth guidance did not bode well for Bajaj Finance stock.
Tata Motors and SBI shed around 3 per cent each. UltraTech Cement, Tata Steel, and Asian Paints were the other major losers.
On the positive front, Maruti rallied over 3 per cent. Bharti Airtel, Sun Pharma and Power Grid Corporation gained 1 – 2 per cent each.
The broader indices, however, finished with prominent losses – the BSE MidCap was down 1 per cent, while the SmallCap plunged 2 per cent. The overall market breadth too was fairly negative, with almost 3 declining stocks for every advancing stock on the BSE.
Sectorally, the BSE Power and Capital Goods indices slipped over 1 per cent each; while Realty gained more than 1 per cent. The Realty index was up 4 per cent in intra-day deals on Wednesday.
- First Published:
May 01, 2025, 07:21 IST
